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Speed Fibre Group acquires BT Ireland wholesale and enterprise unit
['Laura Varley', 'Laura Varley Is The Careers Editor For Silicon Republic']
Comms – Silicon Republic
Telecoms infrastructure company Speed Fibre Group has completed its acquisition of BT’s Irish wholesale and enterprise business unit.
Following the acquisition, BT Communications Ireland Limited’s (BTCIL) domestic network infrastructure, its consumer base and wholesale and enterprise teams will be integrated with Speed Fibre Group, which is the parent company of telecoms Enet and Magnet+.
Through the acquisition, Speed Fibre Group has stated the company will be able to better support the growing data centre sector, next-generation computing and AI requirements.
It will continue delivering the Emergency Call Answering Service and in Dublin, BT also employs more than 100 people in the global procurement unit, BT Sourced.
The acquisition also includes a long-term agreement between BT and Speed Fibre Group to source connectivity for their respective customers from one another.
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